Jet Positive On Prospects In India, To Order 75 Aircraft

Jet Airways will look at buying 75 aircraft, its chief executive Vinay Dube said Wednesday, as the airline looks to increase domestic market share and expand in regional international routes.

“Reflecting its confidence in the long-term prospects of the Indian aviation sector, the airline is in the process of evaluating adding an equal number (75) narrow-body aircraft, a decision on which will be made over the coming few months,” a Jet spokesperson confirmed in an email to ET.

Jet currently has a fleet of 112 aircraft, which includes 76 narrow-bodied Boeing 737, 18 wide-bodies for long haul international operations and 18 ATR turboprops for short haul domestic flights. It has an order for 75 Boeing 737 Max aircraft that will start delivering from mid-2018. Read More…